NOT LISTED FOR SALE

123 Lake Merial Trail Southport, FL 32409

Estimated Value: $522,942 - $593,000

4 Beds
2.5 Baths
2,751 Sq Ft
$201/Sq Ft Est. Value

Last Sold October 07, 2022

Last sale price $475,000 $173 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $3,396/month

Highlights

  • Gated Community
  • Traditional Architecture
  • 2 Car Attached Garage
  • Vaulted Ceiling
  • Covered Patio or Porch
  • Breakfast Bar

About This Home

As of October 2022

CURRENTLY UNDER CONTRACT SELLER WILL CONSIDER BACKUP OFFERS Gorgeous must-see brick home built in 2020 in the highly desired Lake Merial Gated Community. Conveniently located to Northwest Florida Beaches International Airport and a short distance to the cut thru to get to one of the top ranked white sandy beaches, Panama City Beach. This home is perfect for you and your family with 4 bedrooms, a covered patio for grilling and a huge backyard ready for you to put in your dream pool. With a spacious open floor plan, this is perfect for entertaining your friends and family whether it be for those college football games, family and friend celebrations and/or the holidays. Call today to schedule showing because this home is jumping up and down calling your name!

Last Agent to Sell the Property

Melissa Woolard

Beachside Luxury Realty Listed on: 08/30/2022

Beachside Luxury Realty

Co-Listed By

Vianah Seamon

Anchor Realty Florida License #SL3379653

Last Buyer's Agent

Melissa Barbee

Realty One Group Emerald Coast

Realty One Group Emerald Coast

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,955

Year Built

  • Built in 2020

Lot Details

  • 0.52 Acre Lot
  • Lot Dimensions are 110 x 205
  • Sprinkler System

HOA Fees

  • $103 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Traditional Architecture
  • Exterior Columns
  • Brick Exterior Construction

Interior Spaces

  • 2,751 Sq Ft Home
  • Vaulted Ceiling
  • Ceiling Fan
  • Recessed Lighting

Kitchen

  • Breakfast Bar
  • Electric Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Covered Patio or Porch

Schools

  • Deane Bozeman Elementary And Middle School
  • Deane Bozeman High School

Utilities

  • Central Heating and Cooling System
  • Underground Utilities
  • Electric Water Heater

Community Details

Overview

  • Association fees include fishing rights
  • Lake Merial Subdivision

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,955

Year Built

Built in 2020

Lot Details

0

HOA Fees

$103 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 2020
  • Property Sub Type: Detached
  • Lot Size Acres: 0.52
  • Lot Size: 110 X 205
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Co List Office Mls Id: BCOL
  • Co List Office Phone: (850) 872-8200
  • Subdivision Name: Lake Merial
  • Architectural Style: Traditional
  • Property Attached Yn: No
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Detached,Single Family Residence
  • Special Features: None

Interior Features

  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Microwave, Refrigerator, Washer
  • Interior Amenities: Breakfast Bar, High Ceilings, Kitchen Island, Pantry, Recessed Lighting, Vaulted Ceiling(s)
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Living Area: 2751.0
  • Dining Room Type: Bedroom, Primary Bedroom
  • ResoLivingAreaSource: Plans

Exterior Features

  • Waterfront: No
  • Construction Type: Brick
  • Exterior Features: Columns, Sprinkler/Irrigation
  • Patio And Porch Features: Covered, Patio, Porch

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: Attached, Driveway, Garage
  • Garage: Yes
  • Attached Garage: Yes

Utilities

  • Utilities: Cable Connected, Phone Connected, Sewer Connected, Underground Utilities
  • Security Features: Gated Community
  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Central, Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Fee: 308.0
  • Community Features: Gated, Sidewalks
  • Amenities: Gated
  • Association Fee Frequency: Quarterly
  • Association: Yes
  • ResoAssociationFeeFrequency: Quarterly

Fee Information

  • Association Fee Includes: Fishing Rights

Schools

  • Middle Or Junior School: Deane Bozeman

Lot Info

  • Lot Size Sq Ft: 22521.0
  • Zoning Description: Resid Single Family

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Annual Amount: 2955.0
  • Tax Year: 2021

MLS Schools

  • Elementary School: Deane Bozeman
  • High School: Deane Bozeman

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 30, 2022
Closed on
Sep 23, 2022
Sold by
Castillo Pedro and Castillo Claudia Alejandra
Bought by
Wise Suzanne and Wise Suzanne
Seller's Agent
Melissa Woolard
Beachside Luxury Realty
Buyer's Agent
Melissa Woolard
Beachside Luxury Realty
List Price
$475,000
Sold Price
$475,000
Current Estimated Value
$553,236

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$78,236
Avg. Annual Appreciation
5.11%

Purchase Details

Listed on
Jul 19, 2020
Closed on
Aug 26, 2020
Sold by
Adams Homes Of Northwest Florida Inc
Bought by
Castillo Pedro and Medina Castillo Claudia
Seller's Agent
Angela Peoples
Adams Homes Realty, Inc.
Buyer's Agent
Kenny Comeaux
LPT Realty LLC
List Price
$352,615
Sold Price
$347,615
Premium/Discount to List
-$5,000
-1.42%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.79%
Original Mortgage
$330,234
Interest Rate
2.9%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Wise Suzanne $475,000 --
Castillo Pedro $347,700 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Castillo Pedro $330,234
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/06/2023 01/06/23 Off Market $475,000 -- --
10/07/2022 10/07/22 Sold $475,000 0.0% $173 / Sq Ft
09/05/2022 09/05/22 For Sale $475,000 +36.6% $173 / Sq Ft
07/05/2022 07/05/22 Off Market $347,615 -- --
08/21/2020 08/21/20 Sold $347,615 -1.4% $126 / Sq Ft View Prior Sale
07/27/2020 07/27/20 Pending -- -- --
07/19/2020 07/19/20 For Sale $352,615 -- $128 / Sq Ft
Source: Central Panhandle Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $4,600 $415,271 -- --
2023 $4,600 $403,176 $51,000 $352,176
2022 $2,964 $291,283 $0 $0
2021 $2,955 $282,799 $43,000 $239,799
2020 $517 $43,000 $43,000 $0
2019 $511 $43,000 $43,000 $0
2018 $505 $38,390 $0 $0
2017 $432 $34,900 $0 $0
2016 $445 $34,900 $0 $0
2015 $480 $36,455 $0 $0
2014 $447 $34,005 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2022

    Melissa Woolard

    Beachside Luxury Realty

    (850) 775-7600

    45 Total Sales

    Melissa Woolard
    Section Image
  • Vianah Seamon

    Seller Co-Listing Agent in 2022

    Vianah Seamon

    Anchor Realty Florida

    (850) 814-2070

    225 Total Sales

    Vianah Seamon
    Section Image
  • Melissa Barbee

    Buyer's Agent in 2022

    Melissa Barbee

    Realty One Group Emerald Coast

    (850) 775-7600

    50 Total Sales

    Melissa Barbee
    Section Image
  • Angela Peoples

    Seller's Agent in 2020

    Angela Peoples

    Adams Homes Realty, Inc.

    (918) 813-0216

    144 Total Sales

    Angela Peoples
    Section Image
  • Kenny Comeaux

    Buyer's Agent in 2020

    Kenny Comeaux

    LPT Realty LLC

    (727) 698-8752

    48 Total Sales

    Kenny Comeaux
    Section Image

  • K

    Buyer's Agent in 2020

    Kenneth Comeaux

    World Impact Real Estate

See All Agents

Map

Source: Central Panhandle Association of REALTORS®

MLS Number: 731821

Central Panhandle Association of REALTORS®

APN: 07504-231-000

Florida Bay County Southport 32409

123 Lake Merial Trail, Southport, FL

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Central Panhandle Association of REALTORS® IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.

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